As has been pointed out, this decision will have implications for everyone, because it destroys the principle that parents are responsible for their children's education.
The problem is of course, that nobody seems to have identified anyone who has "slipped through the net". There just don't seem to be any instances of home ed being used as a cover for abuse. This underlying purpose of the review seems not to have been about child protection. Instead, it's about expansion of bureaucratic empires. It's a "solution" in search of a problem.
Since we are about to import British-style health care, it stands to reason that we will import this attitude towards home education as well.
The only choices the Statist will to leave up to the individual is sexual orientation, and whether or not to have an abortion.